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Home > All news > Economy, Shipping, Trade > Intra-Asia Container Shipping market outpaces global growth 

Intra-Asia Container Shipping market outpaces global growth 

November 6, 2024
Reading Time: 2 minutes
95% of India’s trade by volume moves through coastal routes : DG Shipping

…Also launches new intra-Asia online service

London - Drewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a compound average growth rate (CAGR) of 3.6%, far outpaces growth in global shipping trades, which grew at a CAGR of just 0.7% over the same period.

Total intra-Asia containerised trade volume amounted to 52 million teu in 2023 making this the powerhouse of . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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